Solana continues to dominate social media despite $320B crypto market crash
- Solana price held firm above the $180 support level on Thursday, as the downward crypto market volatility intensified.
- On-chain data shows social media discourse surrounding Solana has been on the rise since October 2024.
- Technical indicators suggest that a failure to close below $190 could put bulls back in control of the short-term SOL price momentum.
Solana price narrowly avoided a breakdown below $185 on Thursday, as the crypto market buckled under fears of an imminent $6.5 billion Bitcoin sell-off from the US Government.
Solana price stabilizes at $185 after 15% losses in 2 days
Solana price experienced a steep 15% drop within two days as the broader cryptocurrency market faced heightened…